Organizations face strategic issues of market consolidation, rating agency and regulatory pressures, complexity of operations as well as business process and technology change.
The LogicERM is ERM solution of choice for all types of insurers. LogicERM comes preconfigured with a specialized set of indicators to help property, casualty, life, health and re-insurers. The LogicERM library is organized by core process to address issues facing back office functions like internal audit and compliance to line of business issues related to customer acquisition, investments, claims management, agents & brokers and fraud among others.
LogicERM has a rating agency maturity model specifically for insurance to help risk management and finance areas. A best practices risk indicator library of rating agency sensitive issues will help you communicate your action plan and report on aspects of your enterprise risk management program that will address the issues of most concern to Standard & Poor’s. This will not only help you improve your enterprise risk management process but will also help you prepare for your credit rating review at the same time.
Testimonials
“With management pointing the way to key material risks – all documented by LogicManager – the incentive is for the auditor to focus on those areas and keep costs down.”
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